Time (23.07.2020) Temporary basic income payments could stem the spread of the coronavirus pandemic by allowing the world’s poorest people to stay at home, according to a new report from the United Nations Development Programme.
unicef.org (01.07.2020) The Government of Spain recently launched a national ‘Basic Income scheme’ (‘Ingreso Minimo Vital’), for extremely poor households and vulnerable groups. The means-tested programme is expected to reach approximately 2.5 million people, who will receive between €462 and €1,015 per month per household depending on the number of household members. Total household income and wealth determines whether a household receives the benefit, and applicants should be between 23 and 65 years of age and have legal residence in Spain of at least one year.
nationalgeographic.co.uk (20.05.2020)Spain has just taken the first step towards it. Many feel the UK needs it. So is UBI a Utopian ideal, or a necessary salvation?
pensionpolicyinternational.com (22.05.2020) The Economic Commission for Latin America and the Caribbean, a regional organism of the United Nations Secretariat has declared itself in favour of a new regime of welfare and social protection that includes the gradual, progressive and sustained establishment of universal basic income in the region of Latin America and the Caribbean.
sbs.com.au (19.05.2020) Up to a million Spanish families could soon receive an ongoing monthly payment to help them through the coronavirus crisis as the country’s government looks set to approve a €3 billion ($A5 billion) basic income scheme. The program, targeting low or no income families, will likely remain beyond the COVID-19 pandemic, which is expected to push the unemployment rate to more than 20 per cent in the country of almost 47 million people, according to the International Monetary Fund.
Bloomberg (05.04.2020) The Spanish government is working to roll out a universal basic income as soon as possible, as part of a battery of actions aimed at countering the impact of the coronavirus pandemic, according to Economy Minister Nadia Calvino. Social Security Minister Jose Luis Escriva is coordinating the project and plans to put some sort of basic income “in place as soon as possible,” with the main focus on assisting families, Calvino, who also serves as deputy prime minister, said in an interview Sunday night with Spanish broadcaster La Sexta.
The Straits Times (07.04.2020) Give all Singaporeans a universal basic income for the duration of the coronavirus crisis, to assure them that their basic needs will be met even if they lose their jobs, said Nominated MP Walter Theseira. Under his proposal, dubbed the Majulah Universal Basic Income Scheme (MUBI), all Singaporeans - including children and retirees - will get $110 a week for 12 weeks. This will be considered taxable income and cost $4.62 billion.
World Economic Forum (20.01.2019) The post-1945 income distribution system is irretrievably broken, threatening the market economy. And traditional redistributive tools such as direct taxes, collective bargaining, and labor regulations cannot put things right.